Countdown to the end of 10% tax rate – F9 Consulting

ER

 

The HMRC consultation regarding the ability for company shareholders to claim entrepreneurs relief, paying 10% tax on release of accumulated reserves will run until 3rd February, we will then see the new rules brought into force under the Finance Act by 6th April, at the latest.

If you have built up profits and cash reserves in your company and wish to release those at a 10% tax rate, you need to act today.

Under the new Targeted Anti-Avoidance Rules distributions will be treated as income post a Members Voluntary Liquidation, increasing tax liabilities for some by over 350%!

We have in house Insolvency Practioners who can guarantee distributions will be made before these new changes come into effect. You must act fast, contact us today to discuss and reserve your appointment.

We have accountants in Canary Wharf and Accountants in Brentwood waiting to hear from you.

Read the full consultation document here:

 

Request a call-back

We love to hear from new clients, if you would like us to call you back, pop in your details, one of our qualified professionals will be in touch.

    One comment

    1. Vishal Gupta says:

      Hi, I am keen to know the services that you offer related to the recently concluded 10% tax consultation and also looking for expert consultation regarding this and other services that you offer. I work in Canary Wharf and would llik to arrange for an appointment at the earliest. Please let me know an appropriate date and time.

      Thanks

    Have your say, leave a comment…

    Your email address will not be published. Required fields are marked *

    City of London

    Second Floor,
    10 Trinity Square,
    London EC3N 4AJ
    Phone: 0207 100 1080

    Canary Wharf

    29th & 37th Floors
    One Canada Square,
    Canary Wharf, London E14 5AA
    Phone: 0207 099 1080

    Essex

    First Floor
    81-85 High Street,
    Brentwood, Essex CM14 4RR
    Phone: 01277 223 278

    Manchester

    Chancery Place
    50 Brown St
    Manchester M2 2JT
    Phone: 0161 820 1080

    Opening Times

    Monday – Saturday
    8:00 AM – 6:00 PM
    Sunday
    Closed